Intelligent Video Analytic System Market Size, Trends and Insights By Component (Software, Services), By Deployment Mode (On-Premises, Cloud), By Type (Server-Based, Edge-Based), By Application (Incident Detection, People Crowd Counting, Traffic Monitoring, Facial Recognition, Intrusion Detection, Others), By Vertical (BFSI, Critical Infrastructure, Education, Manufacturing, Retail, Transport & Logistics, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- IBM Corporation
- Cisco Systems Inc.
- Honeywell International Inc.
- Axis Communications AB
- Genetec Inc.
- Others
Reports Description
As per the current market research conducted by CMI Team, the global Intelligent Video Analytic System Market is expected to record a CAGR of 21.4% from 2023 to 2032. In 2023, the market size is projected to reach a valuation of USD 10.1 Billion. By 2032, the valuation is anticipated to reach USD 57.1 Billion.
Research & development spending as a share of GDP (Year)
| Country | 2018 | 2021 |
| United States | 3.00% | 3.50% |
| United Kingdom | 1.70% | 1.70% |
| South Korea | 4.50% | 4.80% |
| Japan | 3.20% | 3.30% |
| Italy | 1.40% | 1.50% |
| Israel | 4.80% | 5.40% |
| India | 0.70% | 0.70% |
| Germany | 3.10% | 3.10% |
| France | 2.20% | 2.40% |
| China | 2.10% | 2.40% |
The Intelligent Video Analytic System Market is a dynamic sector within the surveillance and security industry. It involves the utilization of artificial intelligence (AI) and machine learning to analyze and interpret video data from various sources. This technology enables real-time monitoring, threat detection, and data-driven decision-making.
Key applications include public safety, retail analytics, traffic management, and smart city initiatives. The market’s growth is driven by the increasing need for advanced security solutions, the integration of video analytics with IoT devices, and the ongoing trend of urbanization and smart city development, reflecting demand for heightened safety, operational efficiency, and situational awareness.
Intelligent Video Analytic System Market – Significant Growth Factors
The Intelligent Video Analytic System Market presents significant growth opportunities due to several factors:
- Rising Security Concerns: Increasing security threats, both physical and cyber, are propelling the demand for Intelligent Video Analytic Systems. Organizations are keen to enhance their surveillance capabilities to respond effectively to security incidents.
- Urbanization and Smart Cities: The trend toward urbanization and the development of smart cities require advanced video analytics for security, traffic management, and overall urban improvement.
- IoT Integration: The integration of video analytics with the Internet of Things (IoT) is a key driver, allowing comprehensive monitoring and data collection for various applications.
- Cost-Efficiency: Intelligent Video Analytic Systems offer cost-efficient solutions, reducing the need for extensive human monitoring and enhancing operational efficiency.
- Customized Solutions for Health Compliance: Developing tailored video analytics solutions for health compliance, including mask-wearing and social distancing enforcement, presents a significant opportunity, especially in post-pandemic scenarios.
- Integration with Smart Building Technologies: Opportunities lie in integrating video analytics with smart building systems for enhanced security and building management, providing a holistic solution for businesses and organizations.
- Global Expansion: The opportunity for market expansion in regions that are investing in urbanization and smart city projects is substantial, as these areas require advanced video analytics for security, traffic management, and public safety.
Intelligent Video Analytic System Market – Mergers and Acquisitions
The Intelligent Video Analytic System Market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the Intelligent Video Analytic System Market include:
- In 2021, Honeywell entered an agreement to acquire a majority stake in Fiplex Communications, aiming to enhance in-building connectivity solutions. Fiplex’s technology complements Honeywell’s wireless capabilities, enabling the expansion of robust in-building communication solutions.
- In 2021, Atos SE acquired Ipsotek, integrating its AI-enhanced video analytics software into its portfolio of Edge AI and Computer Vision solutions, expanding its capabilities in advanced video analytics and enhancing its market offerings.
- In 2020, Avigilon integrated VideoTag Enterprise body-worn cameras with Avigilon Control Center (ACC) video management software, reinforcing enterprise security. This integration enables live access to body-worn audio and video through the ACC AI-powered platform, enhancing surveillance and safety efforts.
These mergers and acquisitions have helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the Intelligent Video Analytic System Market. The trend is expected to continue as companies seek to gain a competitive edge in the market.
COMPARATIVE ANALYSIS OF THE RELATED MARKET
| Intelligent Video Analytic System Market | Live Streaming Market | Retail Media Networks Market |
| CAGR 21.4% (Approx) | CAGR 28% (Approx) | CAGR 20% (Approx) |
| USD 57.1 Billion by 2032 | USD 256.56 Billion by 2032 | USD 7.3 Billion by 2032 |
Intelligent Video Analytic System Market – Significant Threats
The Intelligent Video Analytic System Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:
- Privacy Concerns: Increased surveillance capabilities raise privacy concerns, potentially leading to legal and ethical challenges, which may affect the adoption and use of video analytic systems.
- Data Security Risks: As video analytics systems generate and handle large volumes of data, they become potential targets for cyberattacks, potentially compromising sensitive information and system integrity.
- Integration Challenges: Integrating video analytics into existing security infrastructure can be complex and costly, posing a barrier to adoption for some organizations.
- High Initial Costs: The initial investment required for implementing intelligent video analytics, including hardware and software, can be a deterrent, especially for smaller businesses.
- Lack of Skilled Workforce: A shortage of skilled professionals proficient in video analytics may limit the market’s growth, as organizations require trained personnel to operate and maintain these systems effectively.
Report Scope
| Feature of the Report | Details |
| Market Size in 2023 | USD 10.1 Billion |
| Projected Market Size in 2032 | USD 57.1 Billion |
| Market Size in 2022 | USD 8.2 Billion |
| CAGR Growth Rate | 21.4% CAGR |
| Base Year | 2022 |
| Forecast Period | 2024-2033 |
| Key Segment | By Component, Deployment Mode, Type, Application, Vertical and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Category-Wise Insights
By Component
- Software: In the Intelligent Video Analytic System Market, software components encompass the algorithms and applications that process and analyze video data. Key trends include the adoption of AI and machine learning for more accurate video analysis, the development of cloud-based solutions for scalability, and the integration of software with IoT devices to enhance monitoring capabilities.
- Services: Services in this market include system integration, maintenance, and support. An emerging trend is the growing demand for managed services, where third-party providers offer comprehensive video analytic solutions, reducing the operational burden on organizations while ensuring system reliability and efficiency.
By Deployment Type
- On-Premises: On-premises deployment involves hosting video analytic systems within an organization’s local infrastructure. This mode provides full control over data and security but may require substantial initial investment and maintenance.
- Cloud: Cloud deployment offers scalability and accessibility, enabling remote monitoring and management. The trend in the Intelligent Video Analytic System Market sees a shift towards cloud-based solutions, driven by the need for flexibility, cost-efficiency, and data centralization while maintaining high-level security protocols.
By Type
- Server-Based: Server-based Intelligent Video Analytic Systems rely on centralized servers to process and analyze video data. A key trend is the shift towards cloud-based server solutions, enabling remote access and data storage. This offers scalability and cost-efficiency to organizations.
- Edge-Based: Edge-based systems process video data directly at the source, like cameras or devices, reducing latency and bandwidth usage. A trend involves AI advancements at the edge, improving real-time analysis and response, making edge-based systems ideal for applications requiring immediate action.
By Application
- Incident Detection: Intelligent Video Analytic Systems are used for real-time detection of security incidents, such as unauthorized access, theft, or vandalism. A notable trend is the integration of AI and machine learning for faster and more accurate incident identification.
- People Crowd Counting: These systems track the number of people in an area, vital for managing crowd density and ensuring public safety. The trend here involves enhanced accuracy and real-time monitoring, aligning with COVID-19 precautions.
- Traffic Monitoring: Video analytics in traffic management trends toward improved vehicle tracking and traffic flow optimization, reducing congestion and enhancing road safety.
- Facial Recognition: Facial recognition applications are evolving with greater accuracy and ethical considerations, driving their adoption for various purposes, including access control and public safety.
- Intrusion Detection: Video analytics play a crucial role in detecting unauthorized intrusions into secure areas. The trend involves more sophisticated algorithms for early detection and reducing false alarms.
- Others: This category encompasses various niche applications. A rising trend is the use of video analytics for retail analytics, healthcare patient monitoring, and industrial process optimization, reflecting its adaptability in diverse sectors.
By Vertical
- BFSI (Banking, Financial Services, and Insurance): BFSI vertical employs Intelligent Video Analytic Systems for security, fraud detection, and customer service enhancement. A key trend is the use of video analytics to combat fraud and enhance in-branch customer experiences.
- Critical Infrastructure: This sector uses video analytics for asset protection and threat detection, with trends focusing on predictive maintenance and remote monitoring of infrastructure.
- Education: Video analytics in education enhances campus security, student safety, and remote learning support, with trends in tracking attendance, enforcing mask-wearing, and monitoring social distancing.
- Manufacturing: Manufacturers employ video analytics for quality control, safety, and operational efficiency, with trends in predictive maintenance and worker safety.
- Retail: In retail, video analytics enhance store security, shopper behaviour analysis, and inventory management, with trends in automated checkout and queue management.
- Transport & Logistics: This sector benefits from video analytics for traffic management, cargo tracking, and security, with trends in smart traffic control and automated surveillance.
- Others: Diverse industries utilize video analytics for specialized applications such as healthcare for patient monitoring, construction for site security, and more, reflecting custom solutions for unique needs.
Intelligent Video Analytic System Market – Regional Analysis
The Intelligent Video Analytic System Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:
- North America: In North America, an emerging trend involves the integration of video analytics with AI-driven predictive policing systems, significantly enhancing the effectiveness of law enforcement agencies and bolstering overall security in the region. Furthermore, there’s a notable focus on the deployment of advanced analytics solutions in the retail sector. These solutions not only bolster store security but also provide valuable data-driven insights to optimize retail operations and enhance customer experiences.
- Europe: Within the European landscape, trends center around the utilization of video analytics for efficient traffic management, especially in the context of ambitious smart city initiatives. The technology plays a pivotal role in improving traffic flow, reducing congestion, and enhancing overall urban mobility. Additionally, there is a growing emphasis on deploying video analytics for energy-efficient building management, contributing to sustainability efforts and reducing environmental impact.
- Asia-Pacific: In the Asia-Pacific region, a key trend is the widespread adoption of video analytics for border security and maritime surveillance. This is particularly relevant for countries with extensive coastlines and borders. Video analytics systems play a crucial role in monitoring and safeguarding these areas, improving national security. Additionally, there’s a notable surge in the healthcare sector, with the implementation of video analytics for patient monitoring. These systems enhance patient safety and healthcare quality, reflecting the region’s commitment to advancing healthcare infrastructure.
- LAMEA (Latin America, Middle East, and Africa): LAMEA is experiencing a distinct trend towards implementing video analytics solutions for the protection of critical infrastructure. This includes the monitoring of vital facilities within the oil and gas, utilities, and telecommunications sectors. These systems enhance security and prevent potential threats to essential infrastructure. Additionally, the region is witnessing the expansion of smart city initiatives, with a primary focus on urban security and public safety. The adoption of video analytics technology plays a pivotal role in these initiatives, promoting safer and more secure urban environments.
Competitive Landscape – Intelligent Video Analytic System Market
The Intelligent Video Analytic System Market is highly competitive, with a large number of manufacturers and retailers operating globally. Some of the key players in the market include:
- IBM Corporation
- Cisco Systems Inc.
- Honeywell International Inc.
- Axis Communications AB
- Genetec Inc.
- Bosch Security Systems
- Avigilon Corporation
- Agent Video Intelligence Ltd.
- ObjectVideo Inc.
- Qognify Ltd.
- VCA Technology Ltd.
- Verint Systems Inc.
- BriefCam Ltd.
- PureTech Systems Inc.
- iOmniscient Pty Ltd.
- Others
These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships.
New entrants in the Intelligent Video Analytic System Market are actively embracing innovation and development to establish their presence. These emerging players are focusing on cutting-edge AI technologies, cloud-based solutions, and customized applications tailored to specific industry needs. They often collaborate with local authorities and businesses for specialized implementations.
Key market dominators like IBM, Cisco, and Honeywell maintain their leadership through extensive experience, global reach, and a wide product portfolio. These established players continually innovate, offering advanced real-time analytics, cloud-based services, and AI integration to meet evolving market demands. Their strong brand recognition and partnerships with industry leaders solidify their market leadership.
The Intelligent Video Analytic System Market is segmented as follows:
By Component
- Software
- Services
By Deployment Mode
- On-Premises
- Cloud
By Type
- Server-Based
- Edge-Based
By Application
- Incident Detection
- People Crowd Counting
- Traffic Monitoring
- Facial Recognition
- Intrusion Detection
- Others
By Vertical
- BFSI
- Critical Infrastructure
- Education
- Manufacturing
- Retail
- Transport & Logistics
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Intelligent Video Analytic System Market, (2024 – 2033) (USD Billion)
- 2.2 Global Intelligent Video Analytic System Market: snapshot
- Chapter 3. Global Intelligent Video Analytic System Market – Industry Analysis
- 3.1 Intelligent Video Analytic System Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Rising Security Concerns
- 3.2.2 Urbanization and Smart Cities
- 3.2.3 IoT Integration
- 3.2.4 Cost-Efficiency
- 3.2.5 Customized Solutions for Health Compliance
- 3.2.6 Integration with Smart Building Technologies
- 3.2.7 Global Expansion.
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Component
- 3.7.2 Market Attractiveness Analysis By Deployment Mode
- 3.7.3 Market Attractiveness Analysis By Type
- 3.7.4 Market Attractiveness Analysis By Application
- 3.7.5 Market Attractiveness Analysis By Vertical
- Chapter 4. Global Intelligent Video Analytic System Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Intelligent Video Analytic System Market: Company Market Share, 2022
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Intelligent Video Analytic System Market – Component Analysis
- 5.1 Global Intelligent Video Analytic System Market Overview: By Component
- 5.1.1 Global Intelligent Video Analytic System Market Share, By Component, 2022 and – 2033
- 5.2 Software
- 5.2.1 Global Intelligent Video Analytic System Market by Software, 2024 – 2033 (USD Billion)
- 5.3 Services
- 5.3.1 Global Intelligent Video Analytic System Market by Services, 2024 – 2033 (USD Billion)
- 5.1 Global Intelligent Video Analytic System Market Overview: By Component
- Chapter 6. Global Intelligent Video Analytic System Market – Deployment Mode Analysis
- 6.1 Global Intelligent Video Analytic System Market Overview: By Deployment Mode
- 6.1.1 Global Intelligent Video Analytic System Market Share, By Deployment Mode, 2022 and – 2033
- 6.2 On-Premises
- 6.2.1 Global Intelligent Video Analytic System Market by On-Premises, 2024 – 2033 (USD Billion)
- 6.3 Cloud
- 6.3.1 Global Intelligent Video Analytic System Market by Cloud, 2024 – 2033 (USD Billion)
- 6.1 Global Intelligent Video Analytic System Market Overview: By Deployment Mode
- Chapter 7. Global Intelligent Video Analytic System Market – Type Analysis
- 7.1 Global Intelligent Video Analytic System Market Overview: By Type
- 7.1.1 Global Intelligent Video Analytic System Market Share, By Type, 2022 and – 2033
- 7.2 Server-Based
- 7.2.1 Global Intelligent Video Analytic System Market by Server-Based, 2024 – 2033 (USD Billion)
- 7.3 Edge-Based
- 7.3.1 Global Intelligent Video Analytic System Market by Edge-Based, 2024 – 2033 (USD Billion)
- 7.1 Global Intelligent Video Analytic System Market Overview: By Type
- Chapter 8. Global Intelligent Video Analytic System Market – Application Analysis
- 8.1 Global Intelligent Video Analytic System Market Overview: By Application
- 8.1.1 Global Intelligent Video Analytic System Market Share, By Application, 2022 and – 2033
- 8.2 Incident Detection
- 8.2.1 Global Intelligent Video Analytic System Market by Incident Detection, 2024 – 2033 (USD Billion)
- 8.3 People Crowd Counting
- 8.3.1 Global Intelligent Video Analytic System Market by People Crowd Counting, 2024 – 2033 (USD Billion)
- 8.4 Traffic Monitoring
- 8.4.1 Global Intelligent Video Analytic System Market by Traffic Monitoring, 2024 – 2033 (USD Billion)
- 8.5 Facial Recognition
- 8.5.1 Global Intelligent Video Analytic System Market by Facial Recognition, 2024 – 2033 (USD Billion)
- 8.6 Intrusion Detection
- 8.6.1 Global Intelligent Video Analytic System Market by Intrusion Detection, 2024 – 2033 (USD Billion)
- 8.7 Others
- 8.7.1 Global Intelligent Video Analytic System Market by Others, 2024 – 2033 (USD Billion)
- 8.1 Global Intelligent Video Analytic System Market Overview: By Application
- Chapter 9. Global Intelligent Video Analytic System Market – Vertical Analysis
- 9.1 Global Intelligent Video Analytic System Market Overview: By Vertical
- 9.1.1 Global Intelligent Video Analytic System Market Share, By Vertical, 2022 and – 2033
- 9.2 BFSI
- 9.2.1 Global Intelligent Video Analytic System Market by BFSI, 2024 – 2033 (USD Billion)
- 9.3 Critical Infrastructure
- 9.3.1 Global Intelligent Video Analytic System Market by Critical Infrastructure, 2024 – 2033 (USD Billion)
- 9.4 Education
- 9.4.1 Global Intelligent Video Analytic System Market by Education, 2024 – 2033 (USD Billion)
- 9.5 Manufacturing
- 9.5.1 Global Intelligent Video Analytic System Market by Manufacturing, 2024 – 2033 (USD Billion)
- 9.6 Retail
- 9.6.1 Global Intelligent Video Analytic System Market by Retail, 2024 – 2033 (USD Billion)
- 9.7 Transport & Logistics
- 9.7.1 Global Intelligent Video Analytic System Market by Transport & Logistics, 2024 – 2033 (USD Billion)
- 9.8 Others
- 9.8.1 Global Intelligent Video Analytic System Market by Others, 2024 – 2033 (USD Billion)
- 9.1 Global Intelligent Video Analytic System Market Overview: By Vertical
- Chapter 10. Intelligent Video Analytic Systems Market – Regional Analysis
- 10.1 Global Intelligent Video Analytic Systems Market Regional Overview
- 10.2 Global Intelligent Video Analytic Systems Market Share, by Region, 2022 & – 2033 (USD Billion)
- 10.3. North America
- 10.3.1 North America Intelligent Video Analytic Systems Market, 2024 – 2033 (USD Billion)
- 10.3.1.1 North America Intelligent Video Analytic Systems Market, by Country, 2024 – 2033 (USD Billion)
- 10.3.1 North America Intelligent Video Analytic Systems Market, 2024 – 2033 (USD Billion)
- 10.4 North America Intelligent Video Analytic Systems Market, by Component, 2024 – 2033
- 10.4.1 North America Intelligent Video Analytic Systems Market, by Component, 2024 – 2033 (USD Billion)
- 10.5 North America Intelligent Video Analytic Systems Market, by Deployment Mode , 2024 – 2033
- 10.5.1 North America Intelligent Video Analytic Systems Market, by Deployment Mode , 2024 – 2033 (USD Billion)
- 10.6 North America Intelligent Video Analytic Systems Market, by Type, 2024 – 2033
- 10.6.1 North America Intelligent Video Analytic Systems Market, by Type, 2024 – 2033 (USD Billion)
- 10.7 North America Intelligent Video Analytic Systems Market, by Application, 2024 – 2033
- 10.7.1 North America Intelligent Video Analytic Systems Market, by Application, 2024 – 2033 (USD Billion)
- 10.8 North America Intelligent Video Analytic Systems Market, by Vertical, 2024 – 2033
- 10.8.1 North America Intelligent Video Analytic Systems Market, by Vertical, 2024 – 2033 (USD Billion)
- 10.9. Europe
- 10.9.1 Europe Intelligent Video Analytic Systems Market, 2024 – 2033 (USD Billion)
- 10.9.1.1 Europe Intelligent Video Analytic Systems Market, by Country, 2024 – 2033 (USD Billion)
- 10.9.1 Europe Intelligent Video Analytic Systems Market, 2024 – 2033 (USD Billion)
- 10.10 Europe Intelligent Video Analytic Systems Market, by Component, 2024 – 2033
- 10.10.1 Europe Intelligent Video Analytic Systems Market, by Component, 2024 – 2033 (USD Billion)
- 10.11 Europe Intelligent Video Analytic Systems Market, by Deployment Mode , 2024 – 2033
- 10.11.1 Europe Intelligent Video Analytic Systems Market, by Deployment Mode , 2024 – 2033 (USD Billion)
- 10.12 Europe Intelligent Video Analytic Systems Market, by Type, 2024 – 2033
- 10.12.1 Europe Intelligent Video Analytic Systems Market, by Type, 2024 – 2033 (USD Billion)
- 10.13 Europe Intelligent Video Analytic Systems Market, by Application, 2024 – 2033
- 10.13.1 Europe Intelligent Video Analytic Systems Market, by Application, 2024 – 2033 (USD Billion)
- 10.14 Europe Intelligent Video Analytic Systems Market, by Vertical, 2024 – 2033
- 10.14.1 Europe Intelligent Video Analytic Systems Market, by Vertical, 2024 – 2033 (USD Billion)
- 10.15. Asia Pacific
- 10.15.1 Asia Pacific Intelligent Video Analytic Systems Market, 2024 – 2033 (USD Billion)
- 10.15.1.1 Asia Pacific Intelligent Video Analytic Systems Market, by Country, 2024 – 2033 (USD Billion)
- 10.15.1 Asia Pacific Intelligent Video Analytic Systems Market, 2024 – 2033 (USD Billion)
- 10.16 Asia Pacific Intelligent Video Analytic Systems Market, by Component, 2024 – 2033
- 10.16.1 Asia Pacific Intelligent Video Analytic Systems Market, by Component, 2024 – 2033 (USD Billion)
- 10.17 Asia Pacific Intelligent Video Analytic Systems Market, by Deployment Mode , 2024 – 2033
- 10.17.1 Asia Pacific Intelligent Video Analytic Systems Market, by Deployment Mode , 2024 – 2033 (USD Billion)
- 10.18 Asia Pacific Intelligent Video Analytic Systems Market, by Type, 2024 – 2033
- 10.18.1 Asia Pacific Intelligent Video Analytic Systems Market, by Type, 2024 – 2033 (USD Billion)
- 10.19 Asia Pacific Intelligent Video Analytic Systems Market, by Application, 2024 – 2033
- 10.19.1 Asia Pacific Intelligent Video Analytic Systems Market, by Application, 2024 – 2033 (USD Billion)
- 10.20 Asia Pacific Intelligent Video Analytic Systems Market, by Vertical, 2024 – 2033
- 10.20.1 Asia Pacific Intelligent Video Analytic Systems Market, by Vertical, 2024 – 2033 (USD Billion)
- 10.21. Latin America
- 10.21.1 Latin America Intelligent Video Analytic Systems Market, 2024 – 2033 (USD Billion)
- 10.21.1.1 Latin America Intelligent Video Analytic Systems Market, by Country, 2024 – 2033 (USD Billion)
- 10.21.1 Latin America Intelligent Video Analytic Systems Market, 2024 – 2033 (USD Billion)
- 10.22 Latin America Intelligent Video Analytic Systems Market, by Component, 2024 – 2033
- 10.22.1 Latin America Intelligent Video Analytic Systems Market, by Component, 2024 – 2033 (USD Billion)
- 10.23 Latin America Intelligent Video Analytic Systems Market, by Deployment Mode , 2024 – 2033
- 10.23.1 Latin America Intelligent Video Analytic Systems Market, by Deployment Mode , 2024 – 2033 (USD Billion)
- 10.24 Latin America Intelligent Video Analytic Systems Market, by Type, 2024 – 2033
- 10.24.1 Latin America Intelligent Video Analytic Systems Market, by Type, 2024 – 2033 (USD Billion)
- 10.25 Latin America Intelligent Video Analytic Systems Market, by Application, 2024 – 2033
- 10.25.1 Latin America Intelligent Video Analytic Systems Market, by Application, 2024 – 2033 (USD Billion)
- 10.26 Latin America Intelligent Video Analytic Systems Market, by Vertical, 2024 – 2033
- 10.26.1 Latin America Intelligent Video Analytic Systems Market, by Vertical, 2024 – 2033 (USD Billion)
- 10.27. The Middle East and Africa
- 10.27.1 The Middle-East and Africa Intelligent Video Analytic Systems Market, 2024 – 2033 (USD Billion)
- 10.27.1.1 The Middle-East and Africa Intelligent Video Analytic Systems Market, by Country, 2024 – 2033 (USD Billion)
- 10.27.1 The Middle-East and Africa Intelligent Video Analytic Systems Market, 2024 – 2033 (USD Billion)
- 10.28 The Middle-East and Africa Intelligent Video Analytic Systems Market, by Component, 2024 – 2033
- 10.28.1 The Middle-East and Africa Intelligent Video Analytic Systems Market, by Component, 2024 – 2033 (USD Billion)
- 10.29 The Middle-East and Africa Intelligent Video Analytic Systems Market, by Deployment Mode, 2024 – 2033
- 10.29.1 The Middle-East and Africa Intelligent Video Analytic Systems Market, by Deployment Mode, 2024 – 2033 (USD Billion)
- 10.30 The Middle-East and Africa Intelligent Video Analytic Systems Market, by Type, 2024 – 2033
- 10.30.1 The Middle-East and Africa Intelligent Video Analytic Systems Market, by Type, 2024 – 2033 (USD Billion)
- 10.31 The Middle-East and Africa Intelligent Video Analytic Systems Market, by Application, 2024 – 2033
- 10.31.1 The Middle-East and Africa Intelligent Video Analytic Systems Market, by Application, 2024 – 2033 (USD Billion)
- 10.32 The Middle-East and Africa Intelligent Video Analytic Systems Market, by Vertical, 2024 – 2033
- 10.32.1 The Middle-East and Africa Intelligent Video Analytic Systems Market, by Vertical, 2024 – 2033 (USD Billion)
- Chapter 11. Company Profiles
- 11.1 IBM Corporation
- 11.1.1 Overview
- 11.1.2 Financials
- 11.1.3 Product Portfolio
- 11.1.4 Business Strategy
- 11.1.5 Recent Developments
- 11.2 Cisco Systems Inc.
- 11.2.1 Overview
- 11.2.2 Financials
- 11.2.3 Product Portfolio
- 11.2.4 Business Strategy
- 11.2.5 Recent Developments
- 11.3 Honeywell International Inc.
- 11.3.1 Overview
- 11.3.2 Financials
- 11.3.3 Product Portfolio
- 11.3.4 Business Strategy
- 11.3.5 Recent Developments
- 11.4 Axis Communications AB
- 11.4.1 Overview
- 11.4.2 Financials
- 11.4.3 Product Portfolio
- 11.4.4 Business Strategy
- 11.4.5 Recent Developments
- 11.5 Genetec Inc.
- 11.5.1 Overview
- 11.5.2 Financials
- 11.5.3 Product Portfolio
- 11.5.4 Business Strategy
- 11.5.5 Recent Developments
- 11.6 Bosch Security Systems
- 11.6.1 Overview
- 11.6.2 Financials
- 11.6.3 Product Portfolio
- 11.6.4 Business Strategy
- 11.6.5 Recent Developments
- 11.7 Avigilon Corporation
- 11.7.1 Overview
- 11.7.2 Financials
- 11.7.3 Product Portfolio
- 11.7.4 Business Strategy
- 11.7.5 Recent Developments
- 11.8 Agent Video Intelligence Ltd.
- 11.8.1 Overview
- 11.8.2 Financials
- 11.8.3 Product Portfolio
- 11.8.4 Business Strategy
- 11.8.5 Recent Developments
- 11.9 ObjectVideo Inc.
- 11.9.1 Overview
- 11.9.2 Financials
- 11.9.3 Product Portfolio
- 11.9.4 Business Strategy
- 11.9.5 Recent Developments
- 11.10 Qognify Ltd.
- 11.10.1 Overview
- 11.10.2 Financials
- 11.10.3 Product Portfolio
- 11.10.4 Business Strategy
- 11.10.5 Recent Developments
- 11.11 VCA Technology Ltd.
- 11.11.1 Overview
- 11.11.2 Financials
- 11.11.3 Product Portfolio
- 11.11.4 Business Strategy
- 11.11.5 Recent Developments
- 11.12 Verint Systems Inc.
- 11.12.1 Overview
- 11.12.2 Financials
- 11.12.3 Product Portfolio
- 11.12.4 Business Strategy
- 11.12.5 Recent Developments
- 11.13 BriefCam Ltd.
- 11.13.1 Overview
- 11.13.2 Financials
- 11.13.3 Product Portfolio
- 11.13.4 Business Strategy
- 11.13.5 Recent Developments
- 11.14 PureTech Systems Inc.
- 11.14.1 Overview
- 11.14.2 Financials
- 11.14.3 Product Portfolio
- 11.14.4 Business Strategy
- 11.14.5 Recent Developments
- 11.15 iOmniscient Pty Ltd.
- 11.15.1 Overview
- 11.15.2 Financials
- 11.15.3 Product Portfolio
- 11.15.4 Business Strategy
- 11.15.5 Recent Developments
- 11.16 Others.
- 11.16.1 Overview
- 11.16.2 Financials
- 11.16.3 Product Portfolio
- 11.16.4 Business Strategy
- 11.16.5 Recent Developments
- 11.1 IBM Corporation
List Of Figures
Figures No 1 to 39
List Of Tables
Tables No 1 to 122
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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Prominent Player
- IBM Corporation
- Cisco Systems Inc.
- Honeywell International Inc.
- Axis Communications AB
- Genetec Inc.
- Bosch Security Systems
- Avigilon Corporation
- Agent Video Intelligence Ltd.
- ObjectVideo Inc.
- Qognify Ltd.
- VCA Technology Ltd.
- Verint Systems Inc.
- BriefCam Ltd.
- PureTech Systems Inc.
- iOmniscient Pty Ltd.
- Others
FAQs
The key factors driving the Market are Rising Security Concerns, Urbanization and Smart Cities, IoT Integration, Cost-Efficiency, Customized Solutions for Health Compliance, Integration with Smart Building Technologies And Global Expansion.
The “Server-Based” category dominated the market in 2022.
The key players in the market are IBM Corporation, Cisco Systems Inc., Honeywell International Inc., Axis Communications AB, Genetec Inc., Bosch Security Systems, Avigilon Corporation, Agent Video Intelligence Ltd., ObjectVideo Inc., Qognify Ltd., VCA Technology Ltd., Verint Systems Inc., BriefCam Ltd., PureTech Systems Inc., iOmniscient Pty Ltd., Others.
“North America” had the largest share in the Intelligent Video Analytic System Market.
The global market is projected to grow at a CAGR of 21.4% during the forecast period, 2023-2032.
The Intelligent Video Analytic System Market size was valued at USD 10.1 Billion in 2023.
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